ITC Q4 FY11 Results : Net profit increased 24.6%

India’s popular FMCG company ITC Limited has posted a phenomenal increase in net profit for the period Q4 (ending Mar 2011) of the current fiscal (FY11). During the said quarter, net profit rises 24.61% to Rs 1281 crore in comparison to Rs 1028 crore of Q4 (ending Mar 2010) of previous year(FY10). ITC Limited is one of the top three private sector companies in India.

The company informed the share market (BSE/NSE) that the total income/net sales has increased 16.53% to Rs 6062 crore in quarter ended Mar 2011 when compared with the last years same quarter ended Mar 2010 which was Rs 5202 crore.